1000% Growth

One Stop Recruiting, a medical staffing firm in Mesa, Arizona, achieved 1000% growth over seven years with the help of altLINE. By addressing cash flow challenges and streamlining accounts receivable, altLINE’s invoice factoring services were crucial in supporting their expansion and future success.

Since my first call with [the General Manager] Jim, altLINE has helped us stay on top of our AR better than we ever did in the past. Working with Jim, working with [VP of Operations] Kelley, and working with our account manager Mildred has been a true blessing.

Robert Hundley, CEO

One Stop Recruiting

One Stop Recruiting

The Company

Industry: Medical Staffing and Recruitment

Location: Mesa, Arizona

Founded: 2006

One Stop Recruiting is a leading medical staffing and recruitment firm specializing in connecting highly qualified candidates with healthcare organizations. Their focus on quality and trust has allowed them to grow steadily over the years, with a notable milestone of becoming a $1 million business by 2016.

In 2016, One Stop Recruiting was already a successful $1 million company, but CEO Robert Hundley and his team faced persistent cash flow challenges due to delays in accounts receivable. This was affecting their ability to take on new opportunities and expand their business. By partnering with altLINE, they were able to overcome these obstacles, streamline their AR processes, and support their 1000% growth over seven years.

The Solution

After recognizing the need to address AR inefficiencies, Hundley explored receivables-based financing options. That’s when he came across invoice factoring, before eventually identifying the right partner in altLINE. The altLINE team worked closely with One Stop Recruiting to improve AR management, providing the financial stability necessary for growth.

The Outcome:

  • Improved AR Management: altLINE helped One Stop stay on top of accounts receivable, streamlining the invoicing and collection processes, allowing them to focus on expanding their business.
  • Personalized Support: From their initial call with Jim Pendergast to working with Kelley and Mildred, the One Stop team built a strong relationship with altLINE, ensuring their financial processes were in the best hands.

The Challenge

Despite their growth, One Stop struggled with cash flow issues, primarily caused by customers paying in arrears. This delay in payments created challenges in taking on new business and scaling the company. As a result, Hundley realized he needed to improve his accounts receivable processes to keep up with the increased demand.

The Issues:

  • Cash Flow Struggles: Hundley's customers were taking very long to pay, which was hurting cash flow and preventing him from being able to afford growth-related expenses.
  • Inability to Keep Up With Growth: Not only were slow-paying customers hurting One Stop's cash flow, but it was also making it difficult to pay their own suppliers in a timely fashion. This meant they couldn't take on as much new business as they'd like.

The Results

1000%
Growth

The partnership with altLINE played a significant role in One Stop Recruiting’s incredible growth, helping them scale from a $1 million company to new heights.

AR
Cleanup

With altLINE’s support, One Stop successfully went through a major AR cleanup, resulting in one of the healthiest AR situations they’ve ever had.

Federal Government Contract

One Stop is currently working on a $36 billion contract with the federal government. As part of this, they are receiving a letter of recommendation from altLINE to demonstrate their financial stability.

Why Choose altLINE

For companies facing cash flow and AR challenges, altLINE offers more than just financial solutions. Their personalized service, attention to detail, and commitment to long-term success make them a trusted partner for growing businesses.
  • Ease of Use: Simple, straightforward processes.
  • Transparent Fees: No hidden costs or surprises.
  • Proven Reliability: A partner that supports growth and stability.

Get a Free Quote Today

altLINE’s invoice factoring services have been a key factor in One Stop Recruiting’s 1000% growth over seven years. By partnering with altLINE, they’ve not only streamlined their AR processes but also positioned themselves for success with larger contracts and opportunities. For businesses looking to unlock their growth potential, altLINE is the trusted financial partner.
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